How much does a Mortgage Loan Officer make?
Experience
- All years of Experience
- 0-1 Years
- 1-3 Years
- 4-6 Years
- 7-9 Years
- 10-14 Years
- 15+ Years
Industry
- All industries
- Legal
- Aerospace & Defense
- Agriculture
- Arts, Entertainment & Recreation
- Pharmaceutical & Biotechnology
- Management & Consulting
- Construction, Repair & Maintenance Services
- Personal Consumer Services
- Education
- Financial Services
- Government & Public Administration
- Healthcare
- Information Technology
- Insurance
- Manufacturing
- Media & Communication
- Nonprofit & NGO
- Energy, Mining & Utilities
- Real Estate
- Restaurants & Food Service
- Retail & Wholesale
- Telecommunications
- Transportation & Logistics
- Hotels & Travel Accommodation
- Human Resources & Staffing
$217,501
/ yrThe estimated total pay for a Mortgage Loan Officer is $217,501 per year in the United States area, with an average salary of $152,535 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $64,967 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.
How accurate does $217,501 look to you?
Your input helps Glassdoor refine our pay estimates over time.
For Loan Officer
Download as data table
What is the total pay trajectory for Loan Officer?
| Job Title | Salary |
|---|---|
| Loan Officer | $129,619 /yr |
| Senior Loan Officer | $211,478 /yr |
| Lead Loan Officer | $187,412 /yr |
Top Paying Companies
For a Mortgage Loan Officer in United States
Below is the total pay for the top 10 highest paying companies for a Mortgage Loan Officer in United States. Employers include Obsidian Financial Services, Wells Fargo and Live Well Financial.
Top Paying Companies
For Mortgage Loan Officer in United States
| 1 | Obsidian Financial Services | $265,582 | |
| 2 | Wells Fargo | $258,147 | |
| 3 | Live Well Financial | $253,330 | |
| 4 | GoodLeap | $252,551 | |
| 5 | Reliance First Capital | $252,367 | |
| 6 | Capital One | $251,109 | |
| 7 | Nations Reliable Lending | $250,824 | |
| 8 | TD | $250,395 | |
| 9 | Mr. Cooper | $245,267 | |
| 10 | Homestar Financial Corporation | $244,885 |
For Loan Officer
Download as data table
What is the total pay trajectory for Loan Officer?
| Job Title | Salary |
|---|---|
| Loan Officer | $129,619 /yr |
| Senior Loan Officer | $211,478 /yr |
| Lead Loan Officer | $187,412 /yr |
What are total pay estimates for a Mortgage Loan Officer at different companies?
- Popular
- Most Reports
- Salary: high to low
- Salary: low to high
$229,498
/ yr
$230,050
/ yr
$258,147
/ yr
$172,202
/ yr
$76
/ hr
$191,633
/ yr
$180,670
/ yrIs this salary info helpful?
Let’s pay it forward! The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere
$242,674
/ yr
$245,267
/ yr
$237,887
/ yr
$165,999
/ yr
$216,598
/ yr
$187,844
/ yr
$211,895
/ yr
$152,721
/ yr
$185,237
/ yr
$105
/ hr
$224,215
/ yr
$191,925
/ yr
$234,366
/ yrMortgage Loan Officer Salaries
Top Paying Industries
For a Mortgage Loan Officer in United States
The top 5 paying industries for a Mortgage Loan Officer in United States are Information Technology with a median total pay of $232,334, Financial Services with a median total pay of $200,412, Real Estate with a median total pay of $178,685, Construction, Repair & Maintenance Services with a median total pay of $170,834, and Insurance with a median total pay of $162,320.
- Construction, Repair & Maintenance ServicesConstruction, Repair & Maintenance Services$170,834
17% Lower than other industries
Glassdoor Economist Pay Overview
What is the pay outlook for Finance & Accounting?
Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.
Recent Salaries Shared
For mortgage loan officer
Job Title
Location
Total Pay
Base Pay | Additional Pay
Total Years of Experience
Years at Recent Employer
Submitted
Date or Time
United States of America
| 4-6 years
/yr
Submitted Yesterday
United States of America
| 1-3 years
/yr
Submitted Yesterday
United States of America
| 4-6 years
/hr
Submitted Yesterday
United States of America
| 1-3 years
/yr
$35K | $40K
Submitted Yesterday
United States of America
| 15+ years
/yr
$130K | $130K
Submitted Yesterday
United States of America
| 1-3 years
/hr
Submitted Yesterday
United States of America
| 1-3 years
/yr
$29K | $40K
Submitted Yesterday
United States of America
| 15+ years
/yr
Submitted Yesterday
Mortgage Loan Officer pay FAQ
The national average salary for a Mortgage Loan Officer is $152,535 per year in United States. Filter by location to see a Mortgage Loan Officer salaries in your area. Salaries estimates are based on 6654 salaries submitted anonymously to Glassdoor by a Mortgage Loan Officer employees.
The highest salary for a Mortgage Loan Officer in United States is $222,223 per year.
The lowest salary for a Mortgage Loan Officer in United States is $104,700 per year.
If you are thinking of becoming a Mortgage Loan Officer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Loan Officer.